EUR.JPY - Long & Short Opportunities 121.997 & 123.408

Dec 26, 2016

On the EUR.JPY 1hr chart we 2 potential trade opportunity's at the D leg completion of a bullish Cypher & bearish Bat setup.

Bullish Cypher Setup ( Grey ) - D leg completion 121.997
Target 1 - 122.458
Target 2 - 122.746

Bearish Bat Setup ( Blue ) - D leg completion 1.2726
Target 1 - 122.746
Target 2 - 122.331

Dec 26, 2016

Note

5 Easy Steps To Trade The Bat Setup.

Dec 27, 2016

Note

A quick update, both patterns still valid.

Dec 28, 2016

Note

Potential long opportunity - bullish cypher setup

Dec 30, 2016

Note

Bullish Cypher setup, target 1 / 2 and extended targets should now be attained.

Jan 2, 2017

Note

Still a potential short opportunity on the bearish Bat setup

Jan 6, 2017

Trade closed: target reached